Hey Jessinvestors
Growing up in Africa, not in the deep dark part but still in Africa, you learn quite a few lessons about poverty and the mindset it brings in. You never bother to learn because you're too busy trying to get that next paycheque, that next meal, and if you're lucky enough to move into the middle or working class, you'll add a few additional dopamine hits.
Like the next holiday, the next outing, the next luxury purchase, be it branded clothing or a smartphone. The idea is often to "look wealthy" instead of becoming wealthy. It's easier to buy the new iPhone and a pair of Gucci or Jordon shoes than to save and invest your way out of poverty, and I get it, man; I fell for the same traps.
As decades roll on and wages continue to remain flat for most people, the desperation to get rich quick manifests in various ways. Before cryptos, MLMs, stocks, drop shipping, making a course, being a social media influencer or some other vapourware shit fest.
If you're not whoring yourself out for a few fiats, then you're never going to get rich.
Then Bitcoin came along
The worlds monetary system is broken, it's been broken for years, and the cracks were always showing only to be papered over with the same thing making the cracks, money printing. Now we have Bitcoin, an asset with perfect price discovery, and we can't handle it. We can't handle the truth, and Bitcoin is the truth, Bitcoin says go work hard and save in Bitcoin, and you'll be fine.
But no one wants to hear that shit; they want to hear moon, get something for nothing, you too good to work, waste your time shitcoin gambling.
Look, I get it; humans love to gamble, they want something for nothing, they want to believe in the moon shot, they want to feel they will hack their way out of poverty, and they're smarter than the system and everyone else.
I have no problem with people gambling; by all means, go ahead don't let me stop you, but don't sugar coat it with all this bullshit like its the future of dildos on the blockchain narrative you want to spin to avoid looking at the fact that you are a degenerate gambler.
Oh, look at the tech, look at the network effect, look at the developers, look at the celebrity investors, give me a fucking break.
Shitcoiners are dollar junkies
I get the macro environment has forced many of us to seek to get rich quick schemes. I get that you can throw away your morals and integrity for a few thousand dollars, but at least be honest about it.
Look how people celebrate when their shitcoin hits a certain dollar value, oh look I can get more dollars for my shitcoin. Yes, you're comparing two pieces of shit next to one another and celebrating your turd is a little bigger than the old turds you used to have.
It's such an open joke, honestly, I can only laugh when I see these posts. You're not in it for the shitcoin, you're in it for the dollars you can get out of that shitcoin, be honest.
I see so many people justify it oh look x guy with a YouTube channel said this lol well then sure take your investment advice from YouTube and don't think for yourself.
This is what I love about Bitcoin, it punishes economic miscalculation, and it's coming for every single shitcoin.
It's not what you know that blinds sides you, it's what you know that isn't so that sweeps your leg and leaves you on your ass.
Shitcoins are only a manifestation of peoples inner need to get rich quick, to get something for nothing, to gamble and that's fine but these narratives that it's anything else is laughable.
Defenders of the dumb
It's a free market, we can all do as we like, and I love that. Still, the amount of intellectual dishonesty and total misunderstanding of tech and economics is so blatantly stupid I can't even have these discussions with people.
Defend your shitcoin all you want. I don't care; I don't even defend Bitcoin. Bitcoin doesn't give a fuck about me, it's going to do what it does, and I agree with what it does, so I am along for the ride.
Have your say
What do you good people of HIVE think?
So have at it, my Jessies! If you don't have something to comment, "I am a Jessie."
Let's connect
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YOU CANT HANDLE THE TRUTH!!
Lol good rant man, qualifies for the rant community I think! I think it’s funny that people try to pump the shit coins so hard because they just want to get fiat money back. They don’t care about the coin at all, just the green numbers on their initial investment which returns back to fiat. Lamesauce!
People who just listen to folks on channels and, the cringe word lately - influencers, are annoying. Do a little work and read on a project before buying into it a bit. It’s not hard to ask but people are lazy. Hell I’m lazy with some of them but that’s what’s sort of nice about not having full access to the millions of shit coins with what I’m locked into being an American. I can only get what’s on coin base or others instead of the world of binance and huobi.
LOL it just screams desperation Bitcoin doesn't need me to still shit I need to get on board or lose out on my position In this new system
It's freaking hilarious how desperate they are to see the dollar value go up when they claim oh I got into crypto coz fiat is shit like whay kind of stupid statement is that?
I'm happy to put my rants on chain if they age well great if they me look like a moron then I have proof of stupid
I just can't see how you come into crypto but you support centralised shitcoins run by VC money how is this better than the dollar? Lol just get some stable coins and collect interest then but stop this pandering like you're an advocate for change
You don't want change you want more dollars
I guess one thing is common, the pressure to look rich is even higher then the need to be rich in itself. I greet up in one of the harshest economy in africa and I can tell you that this thing is an African thingy. Chasing endlessly.
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Stupidity can travel faster than rationality can get out of bed! If it sounds good or feels good people will adopt it because the truth is often not very palatable
Yeah no attempt to finding out if its truly tenable, correct or even right to some specific aspect.
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It's unfortunately a worldwide issue! People want to look flashy and have things that make them appear rich but in the end have nothing to show for their life's work except a couple trinkets that can get broken or stolen easily.
Dude it's so defeatest like I'll never have a good life so Fuckit blow it all on bullshit! Just today someone messaged me on how to stake cardano and I'm like why do you want to support blowing up the issuance rate of a shitcoin
They all losing money but they only see the dollar value because they a bunch of junkies! They don't want to face the truth that their shitcoin isn't competing with Satoshis
Most of the shit coin investors are there to make Fiat not because they believe in the project and believe that the coin holds the value.
They just want to get in and make money from the very first pump and dump all the coins they have.
This hurst the crypto economy in general as this discourages the people who would Have got hurst from this dump.
Exactly and then they want to push some story like they saving the forests or the whales like give me a break who believes this shit? The coin doesn’t even have to do anything
Can anyone explain what any of these coins even do? LOL! It’s a joke
I think everything boils down to mindset. The fact that people find all these get-rich-quick schemes very appealing instead of consciously investing in their future, want to look all flashy and rich, are short-sighted when it comes to what the future holds for them rather they enjoy the pleasures of the now is quite displeasing and unfortunate.
I think the will to learn and education isn’t important anymore it’s all about the number in the bank account it doesn’t matter who you have to screw over and it’s depressing
I think there is enough abudance in the world and it’s only improving we just need a better way to distribute it because fiat isn’t working
Very accurate
What matters most is what you have to bring to the table. No one really cares if you are educated or not
Well, if you don't have the funds, you can't play with Bitcoin. It's not anymore reachable for most and it doesn't make any sense to buy fractions when the transaction fees are ridiculously high. So sure, laugh at our poor ass shitcoin hoarding, it's all that I also can do.
It makes total sense to by fractions of the hardest money ever, lol its simple math
I don't believe that I am not rich so it behoves me to research. If you take the time to learn how to stack Bitcoin efficiently you wouldn't be making those claims. I see that as a non-starter, you can use an exchange that supports L-BTC or Lightning Bitcoin and stack your UTXOs for basically zero cost cheaper than MOST altcoins and when you're ready you can self custody using an on-chain wallet
I believe that argument, is a non-starter, either one is not motivated to learn how to be your own bank and use Bitcoin properly or you're using it as an excuse to shitcoin.
I have no issue with you shitcoining, I just don't buy the arguments your using as justification to shitcoin
I think the biggest issue is that getting rich quickly is more appealing to the normal person than getting rich slowly over time. At least that is the way it sounds to me.
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Getting rich quick would certainly save a lot of time over getting rich slow.
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